DWQA User Profile rahul_guptaQuestions(2)Answers(0)Posts(0)CommentsI will surely do that 🙂On Answer for Need advice on my existing Investments & Financial PlanningThanks a lot. You have resolved my every query. I will consider every point you have made for my further investments. Thanks Again.On Answer for Need advice on my existing Investments & Financial PlanningThanks a lot again. I will hold the existing regular units and gonna make future investments in direct plan. I will trouble with a few more queries.1. Considering my current financial situation, what cover should be good for term life?2. Also, should I redeem UTI pharma and healthcare and ICICI prudential long term gilt fund or should I hold on to them.3. I like your idea of manually investing multiple times in a year instead of SIP. Do you have any tips if I wanted to do that because even though I track indices and NAVs almost daily, i am not sure what should be a good point to invest in a mutual fund. What strategy, if any, do you use?On Answer for Need advice on my existing Investments & Financial PlanningThanks for advise and the time you took to read and reply to me. I am gonna buy a term insurance asap.1- Currently I do not have any kind of insurance (accident or health) cover other than provided by company. I am not sure about my parents. I will ask them.2 - How to start retirement planning? Other than PPF, what instrument I should look into?3 - Sahara plan is like an RD, where I will invest some fix amount (1k) every month for 5 years and on maturity get a return of around 11%.4 - Again, should i stop my current ELSS SIP's and start direct ones? Also, should I redeem UTI pharma and healthcare and ICICI prudential long term gilt fund or should I hold on to them.5 - Aren't debt and liquid funds going to attract capital gains tax?6 - Also, should I invest the whole 50-60k lumpsum in only one ELSS fund?7 - From next financial year, i will be able to achieve the 1.5 lakh 80C limit through ELSS SIP's, PF and PPF. Are you suggesting to invest in some other tax avenues in your 8th point?8 - What do yo mean by leaks in monthly budget?On Answer for Need advice on my existing Investments & Financial PlanningCrop
